Thor Explorations Ltd. (THX) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Thor Explorations Ltd. (THX) has a cash flow conversion efficiency ratio of 0.169x as of December 2025. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow (CA$64.33 Million ≈ $46.53 Million USD) by net assets (CA$380.01 Million ≈ $274.89 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See Thor Explorations Ltd. (THX) defensive interval to measure how many days the company can operate on defensive assets alone.
Thor Explorations Ltd. - Cash Flow Conversion Efficiency Trend (2001–2025)
This chart illustrates how Thor Explorations Ltd.'s cash flow conversion efficiency has evolved over time, based on yearly financial data.
Thor Explorations Ltd. Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Thor Explorations Ltd. ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Zhejiang Jasan Holding Group Co Ltd
SHG:603558
|
0.057x |
|
Beijing Sanlian Hope Shin-Gosen Technical Service Co Ltd
SHE:300384
|
-0.003x |
|
SZZT Electronics Co Ltd
SHE:002197
|
0.019x |
|
BTQ Technologies Corp.
NEO:BTQ
|
-0.246x |
|
HIVE Digital Technologies Ltd
NASDAQ:HIVE
|
-0.017x |
|
BRASKEM PFD ADR/2 O.N.
F:BRD
|
0.055x |
|
iQIYI Inc
F:IQ8
|
0.004x |
|
Kindom Construction Corp
TW:2520
|
0.033x |
Annual Cash Flow Conversion Efficiency for Thor Explorations Ltd. (2001–2025)
The table below shows the annual cash flow conversion efficiency of Thor Explorations Ltd. from 2001 to 2025. For the full company profile with market capitalisation and key ratios, see market value of Thor Explorations Ltd..
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-12-31 | CA$380.01 Million ≈ $274.89 Million |
CA$185.66 Million ≈ $134.31 Million |
0.489x | +59.21% |
| 2024-12-31 | CA$201.25 Million ≈ $145.58 Million |
CA$61.76 Million ≈ $44.68 Million |
0.307x | -43.58% |
| 2023-12-31 | CA$147.94 Million ≈ $107.02 Million |
CA$80.47 Million ≈ $58.21 Million |
0.544x | -44.06% |
| 2022-12-31 | CA$86.78 Million ≈ $62.78 Million |
CA$84.39 Million ≈ $61.05 Million |
0.972x | +426.91% |
| 2021-12-31 | CA$75.17 Million ≈ $54.38 Million |
CA$-22.36 Million ≈ $-16.18 Million |
-0.297x | -183.42% |
| 2020-12-31 | CA$77.91 Million ≈ $56.36 Million |
CA$27.78 Million ≈ $20.10 Million |
0.357x | +822.26% |
| 2019-12-31 | CA$52.58 Million ≈ $38.04 Million |
CA$-2.60 Million ≈ $-1.88 Million |
-0.049x | -30.45% |
| 2018-12-31 | CA$42.83 Million ≈ $30.99 Million |
CA$-1.62 Million ≈ $-1.17 Million |
-0.038x | -21.61% |
| 2017-12-31 | CA$33.10 Million ≈ $23.95 Million |
CA$-1.03 Million ≈ $-745.21K |
-0.031x | +2.08% |
| 2016-12-31 | CA$31.83 Million ≈ $23.03 Million |
CA$-1.01 Million ≈ $-731.81K |
-0.032x | -41.93% |
| 2015-12-31 | CA$13.56 Million ≈ $9.81 Million |
CA$-303.55K ≈ $-219.58K |
-0.022x | +37.67% |
| 2014-12-31 | CA$12.53 Million ≈ $9.06 Million |
CA$-450.10K ≈ $-325.60K |
-0.036x | +42.82% |
| 2013-12-31 | CA$12.42 Million ≈ $8.98 Million |
CA$-780.12K ≈ $-564.32K |
-0.063x | +43.20% |
| 2012-12-31 | CA$10.00 Million ≈ $7.23 Million |
CA$-1.11 Million ≈ $-799.89K |
-0.111x | -19.65% |
| 2011-12-31 | CA$5.68 Million ≈ $4.11 Million |
CA$-524.73K ≈ $-379.58K |
-0.092x | -226.02% |
| 2010-12-31 | CA$2.90 Million ≈ $2.10 Million |
CA$-82.23K ≈ $-59.48K |
-0.028x | +61.10% |
| 2009-12-31 | CA$2.98 Million ≈ $2.15 Million |
CA$-216.88K ≈ $-156.89K |
-0.073x | +42.87% |
| 2008-12-31 | CA$1.74 Million ≈ $1.26 Million |
CA$-221.53K ≈ $-160.25K |
-0.128x | -132.77% |
| 2007-12-31 | CA$2.03 Million ≈ $1.47 Million |
CA$-111.44K ≈ $-80.61K |
-0.055x | +83.55% |
| 2006-12-31 | CA$280.21K ≈ $202.70K |
CA$-93.35K ≈ $-67.53K |
-0.333x | +23.84% |
| 2005-12-31 | CA$99.02K ≈ $71.63K |
CA$-43.31K ≈ $-31.33K |
-0.437x | +34.47% |
| 2004-12-31 | CA$166.09K ≈ $120.15K |
CA$-110.87K ≈ $-80.20K |
-0.667x | +33.81% |
| 2003-12-31 | CA$32.46K ≈ $23.48K |
CA$-32.74K ≈ $-23.68K |
-1.008x | -66.00% |
| 2002-12-31 | CA$99.30K ≈ $71.83K |
CA$-60.32K ≈ $-43.63K |
-0.607x | -98.55% |
| 2001-12-31 | CA$155.12K ≈ $112.21K |
CA$-47.46K ≈ $-34.33K |
-0.306x | -- |
About Thor Explorations Ltd.
Thor Explorations Ltd., together with its subsidiaries, operates as a gold producer and explorer. The company also explores for silver deposits. Its flagship property is the Segilola Gold Project in Nigeria. Thor Explorations Ltd. was incorporated in 1968 and is based in Vancouver, Canada.